Back to Legal Industry News

Prenuptial agreements 'surge in popularity'

Prenuptial agreements 'surge in popularity'

Prenuptial agreements are increasing in popularity as a result of a "spate" of expensive and high-profile divorce settlements, according to new research.

Figures produced by accounting firm Grant Thornton indicate that of 100 family lawyers surveyed, 67 per cent reported taking on more prenuptial work last year, the Telegraph reports.

The demand for such agreements had increased by seven per cent in the last nine months, it is claimed.

Of the legal experts questioned, two-thirds attributed the rise to high-profile cases, such as that of City fund manager Alan Miller, who paid out £5 million to his ex-wife following their divorce.

Mr Miller did not have a prenuptial agreement with his spouse.

Recently, statistics produced by the North West Legal Services Commission revealed that law firms in the Merseyside town of Southport were experiencing a flood of divorce requests as a result of the strains of the festive season, the Southport Visiter reported.